Category:
Helping Hand
“I don’t want to fill any more tsunami forms,” is the first thing A P Gunawathi tells strangers visiting her present home – a displaced person’s camp in Dikwella, in the Matara district.“I don’t want to fill any more tsunami forms,” is the first thing A P Gunawathi tells strangers visiting her present home – […]
Rolling Dice
Sri Lanka plans to reward good taxpayers with a lottery scheme this year, as the government pulls out the stops to raise Rs.351 bn in tax revenue this year, Treasury Secretary said.The usually starved Treasury was rather well fed by end last year, thanks to a string of new taxes, including unpopular measures like retrospective […]
Restart
Central Bank says it’s concessionary loan scheme has received 674 applications by tsunami affected business. Central Bank says it’s concessionary loan scheme has received 674 applications by tsunami affected business. The applications call for some Rs. 775 million in concessionary loans, the bank said on Tuesday. The applications are in response to the Bank’s Susahana […]
Moving Over
The tsunami may have its effects on migration a year from now, as it leaves behind people – some displaced into cities, taking a keen look at work abroad.The tsunami may have its effects on migration a year from now, as it leaves behind people – some displaced into cities, taking a keen look at […]
Japan urges Sri Lanka to use tsunami to push for peace
Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward.Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward. Japan, the island’s largest foreign aid donor, said […]
‘s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
Help ’em
The government and LTTE are discussing a deal to help reconstruct rebel held North and East where more than two thirds of the tsunami displaced are living. The government and LTTE are discussing a deal to help reconstruct rebel held North and East where more than two thirds of the tsunami displaced are living. Humanitarian […]
Not So Bad
Sri Lanka’s biggest listed bank, Hatton National Bank, said it doesn’t expect to make a large provision for doubtful loans in the wake of last month’s tsunami disaster.Sri Lanka’s biggest listed bank, Hatton National Bank, said it doesn’t expect to make a large provision for doubtful loans in the wake of last month’s tsunami disaster. […]
Thin Ice
Sri Lanka’s tiny Rs. 17 bn insurance industry needs to ‘tighten up its act’ on regulation and solvency margins, after the recent tsunami left behind Rs.15 bn worth of claims, a research analyst warned. Sri Lanka’s tiny Rs. 17 bn insurance industry needs to ‘tighten up its act’ on regulation and solvency margins, after the […]
Capital Alliance Holdings picks up commodity brokers De Silva Abeywardena & Peiris (Pvt) Ltd for Rs. 10 mn
Rising investment bank Capital Alliance Holdings extended its portfolio by picking up commodity brokers De Silva Abeywardena & Peiris (Pvt) Ltd on Monday in a deal worth Rs. 10 mn. The forty two year old De Silva Abeywardena & Peiris, is currently one of the smallest out of the nine commodity brokers, with interest in […]
Getting Ready
Disaster management experts say now is a ‘teachable moment’ to get Sri Lankans thinking about disaster management and a warning system. Disaster management experts say now is a ‘teachable moment’ to get Sri Lankans thinking about disaster management and a warning system. The devastating tsunami that struck a month ago has created awareness according to […]
’em
The government and LTTE are discussing a deal to help reconstruct rebel held North and East where more than two thirds of the tsunami displaced are living. The government and LTTE are discussing a deal to help reconstruct rebel held North and East where more than two thirds of the tsunami displaced are living. Humanitarian […]